NextEra Energy Partners LP (NYSE: NEP) kicked off on Tuesday, up 0.83% from the previous trading day, before settling in for the closing price of $17.97. Over the past 52 weeks, NEP has traded in a range of $15.55-$35.15.
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Utilities Sector giant saw their annual sales surged by 7.45% over the last five years. While this was happening, its average annual earnings per share was recorded 39.47%. With a float of $90.93 million, this company’s outstanding shares have now reached $93.50 million.
In terms of profitability, gross margin is 19.32%, operating margin of 2.34%, and the pretax margin is -16.46%.
NextEra Energy Partners LP (NEP) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Renewable Industry. The insider ownership of NextEra Energy Partners LP is 2.79%, while institutional ownership is 58.47%.
NextEra Energy Partners LP (NEP) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 39.47% per share during the next fiscal year.
NextEra Energy Partners LP (NYSE: NEP) Trading Performance Indicators
Take a look at NextEra Energy Partners LP’s (NEP) current performance indicators. Last quarter, stock had a quick ratio of 1.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.95. Likewise, its price to free cash flow for the trailing twelve months is 11.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.18, a number that is poised to hit 0.71 in the next quarter and is forecasted to reach 3.77 in one year’s time.
Technical Analysis of NextEra Energy Partners LP (NEP)
Analysing the last 5-days average volume posted by the [NextEra Energy Partners LP, NEP], we can find that recorded value of 1.39 million was lower than the volume posted last year of 1.59 million. As of the previous 9 days, the stock’s Stochastic %D was 33.00%. Additionally, its Average True Range was 0.89.
During the past 100 days, NextEra Energy Partners LP’s (NEP) raw stochastic average was set at 19.07%, which indicates a significant decrease from 56.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.72% in the past 14 days, which was higher than the 53.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.59, while its 200-day Moving Average is $26.26. Now, the first resistance to watch is $18.40. This is followed by the second major resistance level at $18.68. The third major resistance level sits at $19.10. If the price goes on to break the first support level at $17.70, it is likely to go to the next support level at $17.28. Should the price break the second support level, the third support level stands at $17.00.
NextEra Energy Partners LP (NYSE: NEP) Key Stats
The company with the Market Capitalisation of 3.39 billion has total of 93,534K Shares Outstanding. Its annual sales at the moment are 1,078 M in contrast with the sum of 200,000 K annual income. Company’s last quarter sales were recorded 319,000 K and last quarter income was -40,000 K.
